Property
$1,250,000165 Acres
Off Market
Off Market
$1,250,000165 Acres
Off Market

Jackson Rd, Triplett, MO 65286 - Chariton County

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Property ID 10053320

165 Acres Chariton Co. Tillable Bottom Land Swan Lake Area!!

Description

Location, Location, Location

Very seldom can you find a Chariton Co. Farm for sale let alone an almost all class II bottom ground farm. Even rarer to find one 2 1/2 miles from Swan Lake and in line for ducks headed to the Dalton Cut Off. This farm is exactly that. 165 acres of bottom ground with a 11 acre water structure and 2 duck blinds located in the Golden Triangle. On corn years this farm should shine.

Tillable ground consist of Class II Tina Silt Loam, and Zook Silty Clay Loam Soils

Current cash rent is in place for the next 3 years 2021-2023. Current tenant is paying $295/acre x 125.32 acres or $36,969.40 annually.

4.2 Acres are currently in CRP paying $168.08 per acre or an additional $706 annually until Sept 30, 2031.

If your not a hunter don't worry. This location lends well to the investor as well. The hunting rights are currently leased also for $10,000 annually from the same farmer.

Total income would be $47,675 in annual income or a 3.8% Return at full asking price.

Call, Text or Email Jeff Quinn for more information 1-660-734-3925

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Environmental Factors

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Source:First Street

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Listing last updated: February 6, 2022 at 5:57 PM
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